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Premium Properties Limited - Dealing In Securities By A Director                
PREMIUM PROPERTIES LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003601/06)                                            
Share code:  PMM      ISIN:  ZAE000009254                                       
(`Premium`)                                                                     
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with rule 3.63 - 3.65 of the JSE Listings Requirements, the       
following information relating to the dealing in securities by a director, is   
disclosed:                                                                      
Executive director:                RJ Inggs                                     
Director of:                       Premium                                      
Date of transaction:               9 June 2005                                  
Number of linked units purchased:  30 100 at R6.00 per linked unit              
Total value of transaction:        R180 600                                     
Extent of interest:                Direct beneficial                            
Class of securities:               Linked units                                 
Nature of transaction:             Purchase on the open market                  
Clearance to deal granted:         Yes                                          
Pretoria                                                                        
10 June 2005                                                                    
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 10/06/2005 11:04:36 AM               
Produced by the JSE SENS Department                                             
                                                                                
                                                                                

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